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CSX Stock Drops Because Buffett Isn’t Interested in Rail Merger. It Has Wider Consequences.
In the game of musical merger chairs, CSX might be left without a partner. That could be a problem for the stock.
Canadian Pacific Kansas City won't be participating in any railroad consolidation for the time being, a move which it says could bring on more risk across the sector and beyond.
Canadian Pacific Kansas City said today that Class I railroad mergers are not necessary and that it isn’t interested in ...
CSX stock fell as much as 6.5% after Berkshire Hathaway’s Buffett denied rumors of potential railroad acquisitions, ending ...
Union Pacific ( UNP) reached out to CSX Corp. ( NASDAQ: CSX) only after it had reached an exclusive pact with Norfolk ...
BNSF and CSX announced they would offer several new intermodal products to provide customers with seamless, efficient and ...
Trump sets a 10% baseline tariff, Apple’s quarter boosted by iPhone sales, Figma stock more than triples in IPO, and more news to start your day. Markets Are Being Driven by AI, Not the Fed. Where ...
U.S. stocks closed broadly lower Aug. 25, giving back some of the big gains the market notched last week on hopes for ...
Warren Buffett ’s Berkshire Hathaway Inc. isn’t in the market for a deal to buy a competing railroad. Buffett told CNBC on Monday that he met with the CSX Corp. chief executive officer earlier this ...
On August 15, a driver was arrested on a charge of operating under the influence and taken to Strongsville Jail.
This was the stock's fourth consecutive day of losses.
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